COMFORTDELGRO stock forum
C52 For 4Q24, ComfortDelGro expects core profit after tax and minority interests (PATMI) of SGD57 million, representing a 2% quarter-on-quarter increase. This is attributed to margin improvements from UK bus contract renewals, offset by lower revenue from bus operations in Singapore and a shrinking taxi fleet. The company’s FY24-26 earnings per share (EPS) projections remain unchanged, with a target price of SGD1.60.Thank you